Home / World / Cambridge Analytica files for voluntary Bankruptcy in US

Cambridge Analytica files for voluntary Bankruptcy in US

— By Agencies | May 18, 2018 01:29 pm

FOLLOW US:

(FILES) In this file photo shows a laptop showing the Facebook logo is held alongside a Cambridge Analytica sign at the entrance to the building housing the offices of Cambridge Analytica. / AFP PHOTO / Daniel LEAL-OLIVAS

New York: Cambridge Analytica, the British marketing analytics firm, filed for voluntary Chapter 7 bankruptcy in the Southern District of New York, court filings showed.

The firm, whose attorney filed on Wednesday, announced early May that it would close and file for insolvency in Britain and the United States after failing to recover from the Facebook data scandal.